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Londoners buying lowest share of property outside capital since 2013

Stalling house prices and shift back to office working are affecting people’s ability to move out of city, say experts

Average UK house price rises to record £299,331, says Halifax

Increase of 0.3% in August marks third consecutive monthly rise, exceeding market expectations

UK house prices in surprise fall amid high mortgage costs

Average price for a home drops by 0.1% to £271,079 in August compared with July, according to Nationwide

Wytham Abbey’s asking price slashed by 60% after failure to find buyer

Oxfordshire manor once planned as hub for global technologists and philosophers now offered at £5.95m

Treasury ‘considering taxing landlords’ rent’ to raise £2bn

Proposals for autumn budget would mean expanding national insurance to include rental income

Property tax threat is slowing down housing market, say UK agents

Talk of the chancellor looking at a new levy on expensive homes or removing CGT exemption is making buyers wary

Reeves considering tax on high-value homes to help plug hole in finances

Reported plans could raise up to £40bn while preserving pledge not to raise income tax, VAT or national insurance

Wednesday briefing: Is Rachel Reeves about to overhaul the dreaded council tax?

In today’s newsletter: ​The local tax remains based on property values from 1991. Now, with services stretched, ministers face the near-impossible task of rewriting the rules

How would potential new property tax differ from stamp duty and council tax system?

Treasury officials consider shake-up that could see tax paid by sellers of homes worth more than £500,000

Reeves considers replacing stamp duty with new property tax

Exclusive: Treasury examines options including tax on homes sold for more than £500,000 as well as overhaul of council tax

Farmers ask for inheritance tax meeting with Rachel Reeves

NFU welcomes fresh evidence that planned changes may achieve their stated goal

Drop in new properties for rent is steepest since Covid, says Rics

Monthly report from surveyors’ body sees ‘firmly negative trend’ that is expected to push up rental prices

Santander mortgage cap jumps by as much as 24% as bank eases lending rules

Some higher-earning couples with smaller deposits could borrow extra £130,000 as a result of overnight changes

Average private rent in Great Britain falls for first time in five years

Lower mortgage rates have helped cool rental sector after years of above-inflation increases in rent, data shows

Homelessness minister resigns after tenant eviction claims

Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month

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  • Council of Europe agrees to look at how ECHR applied in face of ‘challenges posed by irregular migration’ – UK politics live
  • William Hill owner Evoke considers sale or break-up after budget tax hikes – business live
  • Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM
  • No wonder Michele Bullock’s dramatic departure from the RBA’s interest rate script left markets swinging wildly
  • Consumer test drive: can AI do your Christmas gift shopping for you?
  • ‘What to buy Dad for Christmas’: is retail ready for the AI shopping shift?
  • Travel firm Tui says it is using AI to create ‘inspirational’ videos
  • US senator calls for insider trading inquiry over Trump donors buying $12m worth of shares
  • William Hill owner Evoke considers sale or breakup after budget tax rises
  • Archive, 1975: Iceland opens fire on British vessel
  • ‘We are truly doomed’: King Gizzard and the Lizard Wizard despair at AI clone appearing on Spotify
  • Elon Musk’s SpaceX ‘preparing for flotation that could value it at over $1tn’
  • Just 0.001% hold three times the wealth of poorest half of humanity, report finds
  • Fact check: Trump’s racist and false claims on immigration and cost of living
  • Channel 4 poaches new chief executive Priya Dogra from Sky
  • Rachel Reeves’s test from the bond markets starts now
  • Bank of England expects budget will cut inflation by up to half a percentage point
  • Trump clears way for Nvidia to sell powerful AI chips to China
  • Ofgem approves early investment in three UK electricity ‘superhighways’
  • Davey claims ‘historic victory’ for Lib Dems after tokenistic vote in favour of customs union with EU – as it happened
  • Former betting bosses facing bribery and fraud charges begin lawsuit against Gambling Commission
  • BoE predicts budget measures will lower inflation, and denies uncertainty caused unusual bond market volatility – as it happened
  • Moonpig’s use of AI to design and personalise cards drives up sales
  • EU opens investigation into Google’s use of online content for AI models
  • Home movers in Great Britain could get just £30 of energy use without account
  • Western carmakers ‘in fight for lives’ against Chinese rivals, says Ford boss
  • Badenoch announces Tory review of which conditions qualify for benefits
  • ‘Bring it on!’: growing support in England for four-day week in schools
  • UK fraud prevention ‘still lacking’ after Covid-related scams and errors cost £11bn
  • London’s O2 Arena announces funding for UK grassroots gig venues

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